SFGTV2: San Francisco Government Television
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Dec 19, 2012
12/12
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i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual that denver works on that brings people together for cultural, business, intellectual exchange and focuses on mexico and chile and brazil. one of the great things we're missing right now, it is part of the root of this mess about it -- immigration. our partners are right there. those old movies where people -- there was the girl next door, and the hero tries to fall in love with some likely candidates. she turns out to be loyal and ticks down her hair and -- takes down her hair and glasses. that is mexico. brazil and you'll get all those countries, we have to go look at chi
i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual...
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Dec 12, 2012
12/12
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FBC
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here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the world buying assets because the returns are a lot better. so a lot of this activity does not concern me, but some of it does because you see in certain acquisitions like a one to three systems, the battery maker, the canadian oil sands producer. they're looking for technology. and some of this technology has defense applications, like this battery maker they're buying this stuff up. that is something we have to be concerned about and should stop. tracy: do you worry -- we ha an election. there are new people leading. you worry that the new leaders will make this even worse? >> th
here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the...
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Dec 14, 2012
12/12
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FBC
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one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a very nice and respectful and quiet lady. a very successful businesswoman from shanghai. she doesn't need to do that to make money. even if she was, does not want her being beaten like that. neil: i don't understand the events that led to anyone getting tased in the store. could she resist or yell or scream? >> she yelled and she screamed. when it be ironic if the chinese government followed up a complaint about the maltreatment of one of their nationals. >> as far as you know, do you know what is your fiancÉ do? and she involved in the technology industry? >> she was an a
one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a...
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Dec 15, 2012
12/12
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CNNW
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china with a knife with 22 injured children. not dead. that's the difference. in the united states we have 9,000 people killed with guns last year in similar countries like germany, 170 and canada 150. there is a reason for that. >> what would you like to see in terms of specific gun control? >> there a number of pieces of legislation we have been pushing. no reasonable gun owner who is a sportsman can object to bans on assault weapons made only to kill as many human beings as possible like in a military situation. no one can object to a ban on the sale of large ammunition clips so you can't reload. no one can object to microstamping of card ridges to trace the murder weapon. no one can object to eliminating the gunshot exception so even if you buy a gun at a gun show, they still have to check your background to make sure they are not selling to someone on a terrorist watch list or mentally unstable person or a felon. those ares we should do. >> we had a heated debate on a previous incident. two things happened in 1996. athere w
china with a knife with 22 injured children. not dead. that's the difference. in the united states we have 9,000 people killed with guns last year in similar countries like germany, 170 and canada 150. there is a reason for that. >> what would you like to see in terms of specific gun control? >> there a number of pieces of legislation we have been pushing. no reasonable gun owner who is a sportsman can object to bans on assault weapons made only to kill as many human beings as...
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Dec 11, 2012
12/12
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FBC
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>> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low
>> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >>...
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Dec 10, 2012
12/12
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it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california sh
it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be...
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Dec 4, 2012
12/12
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CNBC
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they said china would be it's second largest market. schultz talked about getting ip to the tea business. i mention all of this to understand that starbucks doesn't go in for idle chatter when it goes in for these meetings. it has a track record of following through on these plans. we want to know how the us business is doing. and you need to hear about international. europe, don't forget, green mountain, it has been huge. starbu starbuck's should tell us what it is going to do with it's cash. they have the cash to do it. i prefer them to grow with the money. this is a major bone of contention. i think it is good. the bears, they seem to think that the coffee could be played out. starbucks will tell us about the new juice store concept. maybe it will give us insight to what could end up being one of the three top markets for the company india. i can't wait to hear about the projections about india. and of course they need to address teavana. i thought this could be a terrific move. seem to be quite popular. the earnings as early at 2013
they said china would be it's second largest market. schultz talked about getting ip to the tea business. i mention all of this to understand that starbucks doesn't go in for idle chatter when it goes in for these meetings. it has a track record of following through on these plans. we want to know how the us business is doing. and you need to hear about international. europe, don't forget, green mountain, it has been huge. starbu starbuck's should tell us what it is going to do with it's cash....
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it's about a twenty two percent import tariff into china you want to bring in chinese car in the united states there's virtually no tariff it's two percent two point one percent i think it is where is your attention is and you know worked on it's only free trade has led to the greatest degree of human prosperity in literally the history of humanity being alive right now is being alive in the most prosperous time of or at least disagree with protectionism where alexander hamilton proposed protectionism seven hundred ninety one in his letter to congress you can read it is letter on manufacturers use the boy plan congress adopted it in seven hundred ninety three we had averaged tariffs and seven hundred ninety three to the one nine hundred eighty s. of thirty one percent and it strangled our ship in it it built the biggest industrial democracy in the world but it also destroyed one of the greatest shipping empires what a sell massachusetts was to protectionism. you know how i'm willing to give up shipping to have manufacturing all across the president with the politicians but the guys in s
it's about a twenty two percent import tariff into china you want to bring in chinese car in the united states there's virtually no tariff it's two percent two point one percent i think it is where is your attention is and you know worked on it's only free trade has led to the greatest degree of human prosperity in literally the history of humanity being alive right now is being alive in the most prosperous time of or at least disagree with protectionism where alexander hamilton proposed...
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Dec 11, 2012
12/12
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-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at what that's meant for the u.s., you have troops, military bases, tangled up in geo political stuff across the globe. what kind of superpower does china want to be? >> well, china does not in my opinion want to be the kind of superpower that we normally think of in a military and strategic sense when we use that term. actually, the report that just came out said that the u.s. would remain dominant as the leading power in 2030. it was not as if -- it is not if the chinese are seeking or will replace the united states. tha
-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at...
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Dec 11, 2012
12/12
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nobody here -- are they going to break china? >> probably not unless there's a greater scandal that brings a lot of stuff to light. this is the way the republicans organize their consultants. it's a monopoly even in the polling industry, they have two pollsters who do 75%, 80% of their business. that was a big part of the problem in the last cycle. >> maria? >> more in memory of jenni rivera who passed away. incredible supporter of the latino community. we're going to miss her. >> two friends got married this weekend, congratulations. >> you are in that wedding zone. >> fascinating recap of the convention. that's from all the campaign managers last week. it's going to be out in the book in a week. >> i love that. it's always a fun book. oral history of -- >> oral history. >> it always is. that's it for this edition of "the daily rundown." see you here tomorrow. chris jansing is next.
nobody here -- are they going to break china? >> probably not unless there's a greater scandal that brings a lot of stuff to light. this is the way the republicans organize their consultants. it's a monopoly even in the polling industry, they have two pollsters who do 75%, 80% of their business. that was a big part of the problem in the last cycle. >> maria? >> more in memory of jenni rivera who passed away. incredible supporter of the latino community. we're going to miss...
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Dec 11, 2012
12/12
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china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension debt per household in california of aost $30,000. illinois close behind, $167 billion in unfundedliabilities, 28% funded, and th state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5illin bonds this year making it the third biggest debt issuer in the first tee arters this year. california and new york, numbers e and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory fctor, author of can the bestseller, "shadow boxes: government nioos cont
china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension...
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Dec 11, 2012
12/12
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FOXNEWSW
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wisconsin company over to china. virginia lightbulb company to china. g.e. lost 34,000 jobs in this country. >> bob: how many companies send them to china. >> eric: why are they spending snell cheap labor. you told me union brings the cost up for everyone. number two, they are tacking the beegeezes out of companies here. of course they go overseas. >> bob: you say it's the highest tax rate for corporations here? misnomer. >> dana: highest in the free world. >> bob: deductions they pay less than other countries. >> dana: what he meant is poverty in china is outrageous. they respect people's skills but they don't respect their opinions so they fall completely short. we should do more to help improve the human rights situation. >> eric: you talk about the greatness of the union move in the the "a" block. if you unionize china would they have any growth whatsoever at all? if you slap minimum wage on chinese worker what would happen? >> bob: do there what robert barrons did here, murder, maim union people. >> greg: oi vey. >> bob: yeah, right. if you sit back the
wisconsin company over to china. virginia lightbulb company to china. g.e. lost 34,000 jobs in this country. >> bob: how many companies send them to china. >> eric: why are they spending snell cheap labor. you told me union brings the cost up for everyone. number two, they are tacking the beegeezes out of companies here. of course they go overseas. >> bob: you say it's the highest tax rate for corporations here? misnomer. >> dana: highest in the free world. >> bob:...
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Dec 12, 2012
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he when satisfied to giving thousands of jobs to china when he was on the board of gateway commuter. >> a small counter protest by the pro rights to work group americans for prosperity was targeted by some of the angrier union workers. americans for prosperity had a tent that was partially closed down. steven crowder was actually punched several times. this is an issue that means a lot to a lot of people at least three people were reportedly arrested during yesterday's sometimes out of control dem station. >> the fox news contributor will be on fox and friends later today. in the meantime let's keep about this theme and look at who is talking today. >> he is saying this is the right choice to the state according to unemployment numbers right to work verses nonright to work. this was 'tis take last night. >> it's a tough choice. i sympathize with the unions in a global economy when you have to compete on wages and other elements you can either have high wages with low employment or you can spread around the wealth. in the right to work states unemployment is 6.9 percent. >> it shows t
he when satisfied to giving thousands of jobs to china when he was on the board of gateway commuter. >> a small counter protest by the pro rights to work group americans for prosperity was targeted by some of the angrier union workers. americans for prosperity had a tent that was partially closed down. steven crowder was actually punched several times. this is an issue that means a lot to a lot of people at least three people were reportedly arrested during yesterday's sometimes out of...
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Dec 11, 2012
12/12
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, not to give our business to china. that's a constant tension. we have a lot of companies that want to be active and integrate with chinese companies. in every one of three cars on our road, they have a part. in terms of the committee, foreign investment in the u.s., the arm of the treasury making this decision, a source told me following this closely told me they will be coming up with their decision within the next week, and if there's red flags they'll take a second review that will last 45 days. it's up to the obama administration and they're going to take a look a lot of heat about where the stimulus dollars went, why the company failed, and why we actually let companies come in owned by the chinese and rescue ailing companies when we need the jobs like you said here. >> there was an american company wanting to buy it, to keep the technology here at home where we need it. a.b., do you remember the first time we heard about this committee? >> oh, no. >> january of 2006. >> oh, yeah. that's so long ago, i don't even
, not to give our business to china. that's a constant tension. we have a lot of companies that want to be active and integrate with chinese companies. in every one of three cars on our road, they have a part. in terms of the committee, foreign investment in the u.s., the arm of the treasury making this decision, a source told me following this closely told me they will be coming up with their decision within the next week, and if there's red flags they'll take a second review that will last 45...
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Dec 13, 2012
12/12
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CURRENT
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cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked readers to pick out the top lies of the year. the top five. here's the first one. >> what we now have is the biggest tax increase in the history of the world. obama-care is just a massive tax increase. that's all it is. >> cenk: that's awesome. the biggest tax increase in the history of the world. now the reeders picked that number one biggest lie now number two was this one. >> if you got a business, you didn't build that, somebody else made that happen. >> my father's hands didn't build this company? my hands didn't build this company? >> through hard work an
cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked...
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Dec 13, 2012
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. >>> let me finish tonight with this. memory is a fascinating thing. what we choose to hang on to, what hangs on in our mind, no matter what we choose. if you're like me, you remember the big ones. you remember the president's bad night in that first debate. actually, that's one i tried hard to get out of my mind. it's punishing just to think about. you remember the oddness of watching mitt romney stand in fr
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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Dec 13, 2012
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to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great reporting. when we return, let me finish with the ultimate triumph this year. believe it or not, of truth. you're watching "hardball," the place for politics. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together
to china. but obviously that's the clear implication of the ad. so the fundamental message is a lie. they just covered themselves enough with the language. maybe they thought they wouldn't get called out on it. i think this ended up backfiring on them. they were desperate at that point. they were desperate to win ohio. i think it was net loss. they got killed, as you say, and it back fired. >> i think it's one of the things that worked the other way. whiplash against it. thank you, great...
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Dec 12, 2012
12/12
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what is your take on china? >> there isno question they had a slowdown engineered by the government. they did a slowdown in 2008 and 2010, and they said they're going to stop that. and business has bottomed out and is in fact, turning up. it is interesting, susie, in the last week, december 3rd, the most recent bottom in the shanghai market, which has been a being downer, does pit the market going up 6.5%, and the marketis up 6.5%. so the markts beginning to believe it is getting better as well. >> susie: thank you very much, mike, mike holland and holland and company. and tomorrow tonight, we'll have more analysis on the fed decision. mohamed el-erian joins us. he's the c.e.o. of pimco. >> tom: still head, british bank hsbc agrees to pay a record fine for laundering mexico drug money. >> susie: it's a major hit to organized labor-- michigan approved legislation today that would greatly limit labor rights. protestors swarmed the state capital as lawmakers passed a bill prohibiting unions from requiring employees
what is your take on china? >> there isno question they had a slowdown engineered by the government. they did a slowdown in 2008 and 2010, and they said they're going to stop that. and business has bottomed out and is in fact, turning up. it is interesting, susie, in the last week, december 3rd, the most recent bottom in the shanghai market, which has been a being downer, does pit the market going up 6.5%, and the marketis up 6.5%. so the markts beginning to believe it is getting better...
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in china that this organization called christian american run my pants views and you know that it was it was. gansa good with that he does the answer uses organization christian american was a lie. they invented right to work they invented the slogan and then they ran through these laws through a lot of parts of the south but they but they had a better chance and in fact in texas texas was going to pretty well entrenched you know i say nine hundred forty five views success from basically destroyed. the labor movement there with the right to work laws you know he was investigated by the f.b.i. for corruption was constantly dragged before congress for for also corruption scandals and like i said he was in bed eight cases this is where it all started this this is the the roots of right to work it's amazing mark ames mark thanks so much for being with us tonight. much appreciate coming up it's bad enough the government can read our e-mail start texts and listen to our phone calls but they're not stopping there what's the latest attack on your privacy rights and why will it make you think
in china that this organization called christian american run my pants views and you know that it was it was. gansa good with that he does the answer uses organization christian american was a lie. they invented right to work they invented the slogan and then they ran through these laws through a lot of parts of the south but they but they had a better chance and in fact in texas texas was going to pretty well entrenched you know i say nine hundred forty five views success from basically...
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china you know china pay seven twenty five five fifteen hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing car washes where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars the tip with only making fifty dollars that we can tip wow do you do they do they report that to the i.r.s. or just to you i mean how does how do they how do they get away with that. i really don't know so it's that they just have very good bookkeepers of him like that so so some of the other people that you were on strike essentially with today are out protesting with. any other stories that you heard that you thought were interesting . yeah her late stories from montana workers who would walk fifty blocks to the house because seven twenty five was and is enough for the rent it's not enough for the food to feed their families and it is very sad that people have to wa
china you know china pay seven twenty five five fifteen hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing car washes where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars the tip with only making fifty dollars that we can tip wow do you do they...
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Dec 10, 2012
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advantageous platform for manufacturing other than for china. stuart: do you think many of these jobs will come back, many of them will come back to america? >> many of them will come back to the u.s. austin consulting group says in 2015 you'll see seven industries it will be cheaper to manufacture in the u.s. than china and all sorts of manufacturing deals here. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't
advantageous platform for manufacturing other than for china. stuart: do you think many of these jobs will come back, many of them will come back to america? >> many of them will come back to the u.s. austin consulting group says in 2015 you'll see seven industries it will be cheaper to manufacture in the u.s. than china and all sorts of manufacturing deals here. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your...
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Dec 11, 2012
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china's m.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build their industrial base. and the other thing -- >> hang on a second. this is an important point. ann lee, i'd like to get something from this. okay? if the u.s. foreign investment advisory board okays the deal, fine. but they counterfeit our goods. the chinese have a lot to answer for. shouldn't we make a deal? we let them buy the company but we should make a deal and they should somehow stop all the pirating of our technology? >> i think the chinese government is already trying to crack down on counterfeiting and other th
china's m.o. is this. they basically buy american companies, strip them of technology and ship the jobs to china. case in point would be brantley helicopter. used to be in texas. 2009 china buys it. now all the production facilities are in jindao. this is the problem. the promise to keep the plant going. now a-123 is interesting. they have cutting edge technology which will be exported to china. that's the bigger issue. one company at a time, larry, is going over to china, helping to build...
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Dec 12, 2012
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from north korea and watch the state collapse and watch, you know, millions of refugees flood into china or they can offer some minimum support to keep them alive. this is a criminal state, a mafia state. this is a state that's only run to support this ruling family of the kims, and the only reason they launched this rocket is not for scientific research, but to intimidate and blackmail the rest of the world so they can continue to get food aid, fuel to support this failing regime from the other states in the region. so this is nothing more than, as far as i'm concerned, and most people are concerned, this is nothing more than nuclear blackmail, greta. >> the thing that is so profoundly bizarre about this, and we have been to north korea three times, is the people of north korea honestly believe that we are still at war with them, that we, meaning the americans, we want to kill them. they think that every saturday night that we are sitting around thinking how are we going to kill those north koreaians. everything they do is marching in step, having the nationalistic parades. they are so
from north korea and watch the state collapse and watch, you know, millions of refugees flood into china or they can offer some minimum support to keep them alive. this is a criminal state, a mafia state. this is a state that's only run to support this ruling family of the kims, and the only reason they launched this rocket is not for scientific research, but to intimidate and blackmail the rest of the world so they can continue to get food aid, fuel to support this failing regime from the...
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Dec 11, 2012
12/12
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FBC
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we were worried about central bank, liquidity, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market expecting from the fed? in what way will they be excited or disappointed? >> well, i think the market, if you look at the options market, the flows into the ten year treasuries, it's implying 85 billion per month. the reason i say that is right now, deals, what, 165 #, if that was not the case, yields should be up 180, maybe 183 right now so all the flow right now is pointing to 85 or 90 billion per month. liz: okay. none of us is going to fight the tape here, larry. we'll talk to you in a moment when the s&p futures close, but in the meantime, going to the panel, daifd. david: sam,
we were worried about central bank, liquidity, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market...
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Dec 13, 2012
12/12
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look at equities with a little bit of a china exposure because china is starting to bottom a little bit, we think, so that's where i would focus. the number one thing and the greatest clarity i have in 26 years in this business, stay away from interest rate sensitive bonds and stay away from bond funds, and that's what you need to be doing right this moment. >> so you go on equities then, all in in equities then? >> let me tell you, if you're going to be an investor for longer than two years, stay away. if you need fixed income, run away from interest rate sensitive bonds. >> what about the fiscal cliff, you think we get a deal by the end of next week? we going to get a deal? >> i don't see a long-term deal. >> it's pretty easy to come to that conclusion, brian, given the fact that they have had 13 months to discuss this and think about it and now we're down to 18 days to deal with medicare, medicaid and defense spending, what, social security, taxes. what else can we throw into the bucket? >> yeah. you can just throwing more and more in. i think it's clear that they won't be able to co
look at equities with a little bit of a china exposure because china is starting to bottom a little bit, we think, so that's where i would focus. the number one thing and the greatest clarity i have in 26 years in this business, stay away from interest rate sensitive bonds and stay away from bond funds, and that's what you need to be doing right this moment. >> so you go on equities then, all in in equities then? >> let me tell you, if you're going to be an investor for longer than...
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Dec 13, 2012
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china has a veto power there. china's patience was taxed with this launch, the foreign ministry spokesman expressing regret, which is a strong word from beijing. but it is unclear what measures china would accept as means of punishment of north korea. greta? >> greta: do you know why the window was extended for this launch and then they launched it? is there any explaining for that, yet? >> it could have been a measure by thome confuse and throw everything off the track. yesterday, local time, local media said that the rocket was being dismantled -- sorry, two days ago, saying it was dismantled from the launch pad, perhaps for repairs. a couple of hours later, it was put back and the launch took place, perhaps without south korean media and the government there watching, particularly closely, everyone expected it to be put back by a matter of days. >> greta: thank you. today, the u.n. security council condemning the rocket launch, saying it will urgently consider an appropriate response. now, exactly what would th
china has a veto power there. china's patience was taxed with this launch, the foreign ministry spokesman expressing regret, which is a strong word from beijing. but it is unclear what measures china would accept as means of punishment of north korea. greta? >> greta: do you know why the window was extended for this launch and then they launched it? is there any explaining for that, yet? >> it could have been a measure by thome confuse and throw everything off the track. yesterday,...
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Dec 12, 2012
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you can see the history of china reflected in much of the work. you can see conflicts with western culture and eastern culture. you can see critiques sometimes of the chinese government or of other governments as well. power in general. >> brown: often you can see a provocation. as in one of his most famous works dropping a haung dynasty un, three photographs showing the destruction of a 2,000 cultural relic. >> one of the things i think cease saying is sometimes it's necessary to destroy the old before you can move forward with the new. and also by destroying something know is important, it suddenly makes you have to think about the value of things. what are they worth? who says they're valuable? >> brown: he returned to china in 1993 and became part of the countr's cultural elite eventually tapped by the government to collaborate with a swiss architectural firm to design the 2008 olympic stadium. photos are on the floors and walls of the exhibition but he grew critical of the communist party's attempt to control the event. his biggest confrontat
you can see the history of china reflected in much of the work. you can see conflicts with western culture and eastern culture. you can see critiques sometimes of the chinese government or of other governments as well. power in general. >> brown: often you can see a provocation. as in one of his most famous works dropping a haung dynasty un, three photographs showing the destruction of a 2,000 cultural relic. >> one of the things i think cease saying is sometimes it's necessary to...
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Dec 10, 2012
12/12
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now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly the
now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new...
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Dec 18, 2012
12/12
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WBAL
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a year ago all the wise guys were telling us to avoid china because it was a house of cards. the course only grew more uniform through the summer and fall with the chinese market falling to multiyear lows. but in the last few weeks, china's economy bottomed during the summer as they were focused way too much on beating inflation. now it's become the best performer in the world, and i don't think you've missed the move which is why my trust has been buying an etf that mimics china. finally there's apple. we've become addicted to apple. we are deeply focused on its decline which continued in the a.m. today, taking out $500 right before the opening, while it rallied with the rest of the market into the bell. i'm sure some people feel it's now washed out. i for one welcome the shakeout. apple had gotten too hot. apple had become the only stock that people talked about, a sure sign it was overheated. the summer soldiers, the sunshine patriots, they're now headed for the hills. aided by analysts who can't take the pain and are anxious to distance themselves from a stock that they p
a year ago all the wise guys were telling us to avoid china because it was a house of cards. the course only grew more uniform through the summer and fall with the chinese market falling to multiyear lows. but in the last few weeks, china's economy bottomed during the summer as they were focused way too much on beating inflation. now it's become the best performer in the world, and i don't think you've missed the move which is why my trust has been buying an etf that mimics china. finally...
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Dec 11, 2012
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CNNW
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and you're going to see india, its growth by 2030, will be like china is today. that will be that big, huge democracy. >> before anybody's freaking out and transferring their children into all mandarin-speaking schools, we are not going to be in dire straits. we are still going to be a big influence in the global landscape, right? >> absolutely. you're going -- absolutely, no question. but it's going to be, well, one of the quotes from the story is basically that the pacs americana will be over and you're going to see not that one power dominating everything, it's going to be middle classes around the world and more of a balanced power around the world. one thing that's interesting about this, you will have competition for jobs that will create middle classes. it will be pressure on western countries and their middle classes. because around the world, you've got hundreds of millions of people who will be coming up out of poverty, who will want to be in the middle class and have the technology to do those jobs that are we're doing now. >> there's a great read in "
and you're going to see india, its growth by 2030, will be like china is today. that will be that big, huge democracy. >> before anybody's freaking out and transferring their children into all mandarin-speaking schools, we are not going to be in dire straits. we are still going to be a big influence in the global landscape, right? >> absolutely. you're going -- absolutely, no question. but it's going to be, well, one of the quotes from the story is basically that the pacs americana...
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Dec 16, 2012
12/12
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FBC
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. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long tim whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest index of them b.t.
. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long tim whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest...
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Dec 12, 2012
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MSNBCW
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it is important china did come out and condemn this. north korea probably listens to china more than anybody else, but i do think the international community needs to make good on the consequences. >> what's the concern now, they have a nuclear test, they have a real delivery system? >> it's still many years to get, or at least some years, to get a ballistics capability to threaten us, but these things tend to come in cycles, and so it's not a good sign that they are starting down the provocation road again. >> given how heavily sanctioned they are, why are they doing this? >> this is really about shoring up the son's transmission, his ability to control the military to exert power, to have influence. this is really for domestic consumption more than anything else at this point. >> should we put a lot of pressure on china? we have a new chinese leader. that relationship is so important to us, but is this more important, should we really be pressing the chinese to take a tough line? >> this is an opportunity to engage the new leadership
it is important china did come out and condemn this. north korea probably listens to china more than anybody else, but i do think the international community needs to make good on the consequences. >> what's the concern now, they have a nuclear test, they have a real delivery system? >> it's still many years to get, or at least some years, to get a ballistics capability to threaten us, but these things tend to come in cycles, and so it's not a good sign that they are starting down...